After we were slapped hard on Friday, with stocks taking a massive dive, the market rebounded on Monday (Nov. 2nd). The recovery is being attributed to the latest reports on manufacturing and the latest housing data. The latest report shows that manufacturing grew at its fastest pace in more than...

Stocks have, for the most part, wiped out yesterday's gains on news that the economy is making a slower than expected recovery. Fed Chairmen Ben Bernanke spoke to congress saying that they would not be making any alterations to their stimulus policy, in the near future. So far, the Nasdaq Composit...

Looks like there will be no continuation of funding for the F-22 Raptor, as the Senate has voted to cut it from the United States defense budget. Lockheed Martin's stock has declined almost ten percent upon hearing the news.

The day (7/24) started with several stocks on the decline, however, Federal Reserve Chairman Ben Bernanke announced that the central bank is already in the process of cutting back on their emergency efforts that were put in place in order to end the financial crisis. After the announcement the S&a...

The stock market showed slight gains in response to decent earnings and better than expected home sales. The market showed some encouraging signs early in the day, however, by the days end it began to tank, leaving traders looking for cover. The Dow Jones Industrial rose 15.27, or 0.17%, to 9108.5...

Stocks were up on Thursday due to corporate profit reporting and a decrease in those applying for unemployment benefits. The rise came after the S&P 500 fell for two consecutive days. Early in today's session the S&P 500 index jumped to its highest intraday level in nearly a year. The Nas...

Stocks continued their rally on early Monday (August 3rd) morning trading. The Dow Jones is up almost 80 points, up to 9,250, while the S&P jumped nearly ten points to 996. The Nasdaq is up more than twenty points to 2,000. The dollar index and treasuries were down, however, gold and oil future...

Ponzi scheme starchild, Bernie Madoff, is in disbelief that his scam was able to go on as long as it did. Recently, Madoff gave his first interview since being sentenced to 150 years in prison. The former Wall Street financier says that he feels remorse for scamming people out of their hard earned do...

Stocks fell on Wednesday after a major rally the previous day. The decline came after unflattering economic news, showing that private unemployment dropped more than 370,000 last month.Employment slid to 41.5 compared to 43.5 and new orders dropped to 48.1 from 48.6. Factory orders jumped to...

As many analysts were expecting, today's release of job data showed that the less jobs were shed in July than Wall Street had anticipated. The news sent stocks soaring on early Friday trading. The Numbers Unemployment fell to 9.4% from 9.5% the previous month, while Wall Street was predicting an in...

The world's most famous investor, Warren Buffett, will be making what he refers to as an economic "all-in wager". Buffett plans to buy the railroad company, Burlington Northern. The investor already owns just over twenty percent of the company, but will now lay down $100 per share for...

Looks like Sprint will be shedding up to 2500 jobs, which is approximately five percent of their workforce. The cellphone giant is trying to cut nearly $350 million in annual expenses. As of now, Sprint employs more than forty thousand people. The announcement comes almost two weeks after the co...